Intelligence Feed event · Geopolitical · 2026-07-27

    Houthi attacks continue to threaten Red Sea oil shipping routes

    Question

    Houthi attacks continue to threaten Red Sea oil shipping routes

    Direct answer

    Freight rates on Red Sea crude routes and insurance costs for tankers transiting Bab el‑Mandeb climbed, supporting backwardation in Brent (LCOc1) and raising CDS spreads of regional shippers.

    Original publisher
    Market Ontology
    Evidence through
    2026-07-27
    Published
    2026-10-20
    Revision
    1 · 2026-10-20

    Cite as: Market Ontology, “Houthi attacks continue to threaten Red Sea oil shipping routes”, revision 1, evidence through 2026-07-27. https://marketontology.com/market-events/2026-07-27/houthi-attacks-continue-to-threaten-red-sea-oil-shipping-routes-e47b69

    GEOPOLITICAL
    Houthi attacks continue to threaten Red Sea oil shipping routes
    Freight rates on Red Sea crude routes and insurance costs for tankers transiting Bab el‑Mandeb climbed, supporting backwardation in Brent (LCOc1) and raising CDS spreads of regional shippers.
    LCOC1EGPTSA10Y
    Impact
    80
    JUL 27
    SIG
    LCOC1EGPTSA10Y
    Houthi attacks continue to threaten Red Sea oil shipping routes
    Freight rates on Red Sea crude routes and insurance costs for tankers transiting Bab el‑Mandeb climbed, supporting backwardation in Brent (LCOc1) and raising CDS spreads of regional shippers.
    Impact
    Freight rates on Red Sea crude routes and insurance costs for tankers transiting Bab el‑Mandeb climbed, supporting backwardation in Brent (LCOc1) and raising CDS spreads of regional shippers.
    Affected
    LCOC1EGPTSA10Y
    Source facts

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    What happened next

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    Sources

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